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Product diversification and stability of employment and sales : first evidence from German manufacturing firms

Braakmann, Nils; Wagner, Joachim - 2009 - Version: February 16, 2009

We use a unique rich newly built data set for German manufacturing enterprises to investigate the relationship between product diversification and the stability of sales and employment. We find that contrary to portfolio theoretic considerations more diversified firms exhibit a higher...

Persistent link: https://www.econbiz.de/10003803019